Stock

The settlements likely to be closer to 1B vs. 2 B

And I’m not sure Wall Street will react that much to it

 

Stock was at an all-time high, as most of the major equity indices are making new highs.

 

Paradeplatz may have a different view on it.

 

Stock hits an all-time high today on both NYSE and the SIX. Volumes are very strong, which is a good sign of a breakout.

Most of the general equity indices are taking a breather and unclear if everything keeps rallying or rolls over. If it rolls over, NVS will likely get hit.

Caution in NVS warranted so don't be afraid to lock in your gains with some partial position sales, instead of riding everything down into a 40-60% correction.

 

40-60% correction?? Dude, put down the crack pipe. Their cash holdings alone support the upper 70's and you think the 50's or lower is possible? If that was the case, you'd better clear it all out now!

 

Sold all but 1/4 of my position and moved to cash. Ditto on all other equities.

Good luck bag holders

 

It's dangerous out there, but do not despair. Clean your underwear with care.

 

hopefully savvy ppl used last days to shore up equity positions to cash. if not, hopefully the bull market gods are on your side. however, signs show the bear awakening from its long slumber in a grumpy state.

 

AstraZeneca and Novartis set to lose out from US drug prices reforms
A report has suggested that the drug price reforms in the US will affect AstraZeneca and Novartis negatively, but Novo could benefit.

 

Capital.



Preservation.

 

Reviewing and laughing at most of the stock "experts" opinions from the past in this thread. Cashed in 400K of options and RSUs so far this year. Selling on the way up is how you make money. Worrying and being scared when the price is down or predicting disaster is how you lose. What you FEEL about NVS is not how the market ANALYZES and THINKS about NVS. I'm still saving some 2012 and 2013 options for future income. Don't be foolish with your RSUs or options. Sell some when the price is up and wait out the declines. If you have options try to sell at least 6 months before expiration to get some remaining time value in the price.

 

You are right, but you are also naive to think the market isn't a crockpot of human emotions competing between fear and greed. Analyses and thoughts are simply masks for base reality.

 

Price targets for 2020 are:

1. $87

2. $77

3. $68

Trade wisely.

 

No way...minimum $100 probably closer to $110 by end of 2020. But if you really think the garbage that you are writing why don't you short the stock.

 

I am a NVS shareholder 10+ years, but any reasonable investor looking to preserve gains has to think about hedging strategies. The market has its cycles, though hard to predict, what goes up will go down. As certain as death and taxes.

And I never short stocks, preferring the various option strategies to bank premiums / buy insurance.

$110 may be as good as it gets for a LOOOOOOOONG time, so why not sell 1/3 of your position now to minimize the pain of a drawdown. Only the lucky few will top-tick the market with their sales, so why risk a potential 13% gain against a 29% loss. Doesn't make any sense.

Happy trading.

 

Shares of NVS took a big dump today, no thanks to the recent news on Beovu. Best of luck to share holders as they digest this one.

 

perfect example of over reaction from completely ignorant investors. Happens all the time and rebounds all the time

 

https://www.nytimes.com/reuters/2020/02/25/world/europe/25reuters-novartis-beovu-us.html